The S&P 500 jumped 1.8% on Wednesday, Jan. 15, as several financial firms reported solid results and a downtick in core inflation revived rate-cut hopes.
To summarize, the Federal Reserve has already lowered by 50% the number of anticipated interest rate cuts in 2025. It was four in September, but that number dropped to two at the December meeting. Policymakers may revise that number lower if their economic projections once again prove incorrect.
U.S. stock futures were mostly rising Thursday after a surprise cooldown in a key inflation measure appeared to boost the chances that the Federal Reserve will cut interest rates at some point this year.
The S&P 500 has given up almost all of its post-election gains, with renewed inflation fears crimping Wall Street optimism about President-elect Donald Trump's proposed tax cuts and deregulation. Strong economic data have dashed hopes for a slew of interest-rate cuts by the Federal Reserve,
The S&P 500 turned positive in late morning trade on hopes that more rate cuts from the Federal Reserve might still on the table for 2025. Fed governor Christopher Waller said he sees potential for up to four more cuts this year,
The Nasdaq fell on Monday, while the benchmark S&P 500 bounced off a two-month low and eked out a slight gain as U.S. Treasury yields stayed elevated with investors dialing back expectations on the pace of rate cuts from the Federal Reserve.
The S&P 500 and Nasdaq fell on Monday, with the benchmark S&P 500 index hitting a two-month low as U.S. Treasury yields stayed elevated with investors scaling back expectations on the pace of rate cuts from the Federal Reserve.
The S&P 500 edged higher while the Nasdaq dipped after a volatile session on Tuesday as investors gauged inflation data and braced for quarterly earnings reports to justify stock valuations and the strength of the U.
Options traders whipsawed by the stock market’s recent gyrations are getting anxious that more bouts of volatility may arrive in the coming days, starting with Wednesday’s report on consumer prices.Most Read from BloombergThese Homes Withstood the LA Fires.
Stocks closed sharply higher Friday, sending the S&P 500 and Dow Jones Industrial Average to their biggest weekly gains since the week of the November presidential election.
The AI chatbot shared predictions for the S&P 500, interest-rate cuts ... Indexes rose after a broad sell-off on Wednesday after the Federal Reserve back rate-cut expectations at its policy ...